Cyren Ltd. (CYRN) Reaches New 52-Week High at $2.39
Shares of Cyren Ltd. (NASDAQ:CYRN) reached a new 52-week high on Wednesday . The stock traded as high as $2.39 and last traded at $2.35, with a volume of 122,385 shares trading hands. The stock had previously closed at $2.22.
The stock’s market cap is $98.19 million. The firm’s 50 day moving average is $2.06 and its 200-day moving average is $1.79.
Cyren (NASDAQ:CYRN) last released its quarterly earnings results on Tuesday, May 17th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.02. The firm earned $7.40 million during the quarter, compared to analyst estimates of $7.39 million. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.03) EPS. Analysts forecast that Cyren Ltd. will post ($0.10) earnings per share for the current year.
CYREN Ltd. (CYREN) is engaged in developing and marketing information security solutions for protecting Web, e-mail and mobile transactions. The Company is a Security-as-a-Service provider of integrated cloud-based security technology solutions that mitigate cyber threats, malware attacks, information leaks, legal liability and productivity loss through the application of cyber intelligence.
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